U.S. SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
____________________________________
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
[ X ] Form 10-K [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q [ ] Form N-SAR [ ] Form 10-KSB
[ ] Form 10-QSB
For Period Ended: August 31, 1999 SEC File Number 000-13041
[ ] Transition Report on Form 10-K CUSIP Number __________
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
[ ] For the Transition Period Ended:
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PART I - REGISTRANT INFORMATION
TTI INDUSTRIES, INCORPORATED
(Full Name of Registrant)
3838 Oak Lawn Avenue, Suite 1000
(Address of Principal Executive Office)
Dallas, Texas 75219
(City and State) (Zip Code)
_________________________________________________________________
PART II - RULES 12b-25(b) and (c)
If the subject report could not be filed without
unreasonable effort or expense and the Registrant seeks relief
pursuant to Rule 12b-25(b), the following should be completed.
(Check box if appropriate.)
[ X ] (a) The reasons described in reasonable detail in Part
III of this form could not be eliminated without
unreasonable effort or expense;
(b) The subject quarterly report on Form
10-QSB will be filed on or before the fifth
calendar day following the prescribed due
date; and
(c) The accountant's statement or other
exhibit required by rule 12b-25(c) has been
attached, if applicable.
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PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-KSB
could not be filed within the prescribed time period.
Registrant's audit for the year ended August 31, 1999 has not
been completed.
SEE ATTACHMENT III.
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PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
Frank Harrison, Sr. 214 (214) 520-1702
(Name) (Area Code) (Telephone Number)
_________________________________________________________________
(2) Have all other periodic reports
required under Section 13 or 15(d)
of the Securities Exchange Act of
1934 or Section 30 of the Investment
Company Act of 1940 during the
preceding 12 months been filed? [X] Yes [ ] No
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(3) Is it anticipated that any significant
change in results of operations from
the corresponding period for the last
fiscal year will be reflected by the
earnings statements to be included
in the subject report or portion
thereof? [ ] Yes [X] No
If so: attach an explanation of the
anticipated change, both narratively
and quantitatively, and, if appropriate,
state the reasons why a reasonable
estimate of the results cannot be made.
<PAGE>
TTI INDUSTRIES, INCORPORATED
(Name of Registrant as specified in Charter)
has caused this notification to be signed on its behalf by the
undersigned thereunto duly authorized.
Date: November 30, 1999
By: /s/ PIERRE KORSMOE
----------------------------
Name: Pierre Korsmoe
Title: Chief Financial Officer
ATTENTION
Intentional misstatements or omissions constitute Federal
Criminal Violations (see 18 U.S.C. 1001).
